May to win UK election: Citibank

Global bank Citigroup has published a research note predicting Theresa May will win a majority of seats in the June election.

British Prime Minister Theresa May has promised to increase the country's defence budget. (AAP) Source: Press Association

British Prime Minister Theresa May is likely to win a majority of 104-190 seats in the June 8 election, Citigroup says.

"Prime Minister Theresa May called early elections on 8 June to boost her mandate and win time to implement her version of 'hard-but-smooth' Brexit," the global bank said in a research note published on Friday.

"National polls, experts' analyses and our own constituency-level simulations suggest that her bet should pay off."

Citi added that it saw no signs that May was moving towards a so called "Singapore-upon-Thames" deregulated low-tax economic model.

1 min read

Published 19 May 2017 9:08pm

Updated 19 May 2017 10:16pm

Source: AAP

Recommended for you

A composite image of Penny Wong and Benjamin Netanyahu.

Wong responds to Netanyahu's ICC arrest warrant as US labels move 'outrageous'

2024 mideast wars

Two men in suits sit at a table with papers in front of them, pointing to a section of a document.

'Families are going to be ripped apart': Labor's 'brutal' migration law trio, explained

immigration laws

A silhouette of a woman sitting at a computer with her head resting on her fists

Alana was shocked when her boss shared her diagnosis in public. What does the law say?

privacy breaches

Five cocktails in transparent glasses are arranged on a bar counter.

Methanol poisoning: How risky are our drinks and how can you protect yourself?

biodiesel manufacturing

An older woman walking. Houses are in the background.

Tanya is 79 and owns a $2.5 million home. She lives with young housemates

renting

A split image featuring three photos of Australian brush turkeys.

They aren't 'particularly smart'. But this bird is back in a big way in some parts of Australia

birdwatching

An ambulance outside Bangkok Hospital in Thailand.

Why methanol is a 'silent killer' — and where poisonings happen most

poisoning

A woman with an eye patch over her right eye laying in a hospital bed.

Australian injured in alleged Israeli shooting speaks from hospital: 'I demand an investigation'

war